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Grannell Steel Limited

03987511

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

MATRIX HOUSE, CANVEY ISLAND, SS8 9DE
Incorporated 08/05/2000

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

24100
Manufacture of basic iron and steel and of ferro-alloys

Officers

Mr Patrick Grannell

secretary · Since 08/05/2000

ENGINEER

BRITISH · ENGLAND · Age 61

Also on 3 other boards

Cormac Grannell

director · Since 08/05/2000

ENGINEER

BRITISH · UNITED KINGDOM · Age 58

Mr Patrick Grannell

director · Since 01/06/2002

ENGINEER

BRITISH · ENGLAND · Age 61

Also on 3 other boards

Persons with Significant Control

Mr Cormac John Grannell

25–50% shares

British · England · Age 58

Matrix House, Canvey Island, SS8 9DE

Notified 06/04/2016

Mr Patrick Grannell

25–50% shares

British · England · Age 61

Matrix House, Canvey Island, SS8 9DE

Notified 06/04/2016

Former PSCs

Mr Barry Grannell

Ceased 31/12/2025

Charges1 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 30/05/2013Registered 04/06/2013

CompanyRankvs 110+ SIC 24100 peers
65

Financial strength83th percentile among SIC peers · 21/25
Employees26th percentile among SIC peers · 4/15
LiquidityCurrent ratio 2.24× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength21/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees4/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/05/2025

Net Worth

£572k

Balance sheet strength

Cash

£151k

Cash in the bank

Net Current Assets

£566k

Working capital

Current Assets

£1.0M

Current Liabilities

£455k

Fixed Assets

£19k

Debtors

£551k

0avg. employees

Balance Sheet

Assets less current liabilities£585k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20252.24+£0
20252.24+£4k
20241.86+£57k
20231.26+£138k
20221.20+£132k
20211.20

Derived from filed accounts. Not audited figures.